Financial Solutions
Support the child care choices that work best for working families by assisting with child care costs. Contribute to Dependent Care Accounts (part of a cafeteria plan) and talk to your Third Party Benefits Administrator about the tax benefits of your contributions.
- Gives your employees the most flexibility to determine the best child care solution for their family.
- Helps defray the high cost of child care
- Businesses that already offer cafeteria plan as part of their employee benefits package
- Small and mid-sized businesses
- Federal tax law limits contributions to $7,500 per taxpayer
- Employers or employees can contribute to the account
- Easiest solution to implement
- Employee impact Medium
- Investment Federal tax incentives can help. Medium
- Implementation time Especially if you already offer a cafeteria plan Low
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Frequently Asked Questions
Each child care solution includes an estimate of its potential impact on employees, the organization, and the employer brand, along with the typical level of investment and time required for implementation. These assessments are informed by decades of experience in the child care sector, emerging trends in employer-supported child care, and insights from employers that have implemented similar strategies.
The information provided is intended as a planning resource. It is based on the best available information at the time of analysis and should not be interpreted as a guarantee of specific outcomes, a prediction of future results, or a substitute for professional advice.
Because employer-supported child care is a rapidly evolving field, comprehensive research on many strategies is still developing. Some assessments are informed by practitioner experience and employer observations rather than large-scale scientific studies. Actual outcomes will vary based on an organization’s workforce, goals, and implementation approach.
As new research and employer data become available, we will continue to refine these assessments. Employers should use these metrics to inform decision-making and support internal discussions, not as guaranteed measures of success.
